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Virty [35]
3 years ago
12

Red Empire Inc., a large multinational company owned by two partners, is active in the petroleum, capital market, chemicals, ste

el, beverages, hospitality, airlines, education, automobiles, and consumer electronics industries. The company has multiple brands and a large product portfolio under its banner. Which of the following terms would best describe this company?
A. a flagship brand
B. a single-business firm
C. a dominant-business firm
D. a conglomerate
Business
1 answer:
Nezavi [6.7K]3 years ago
3 0

Answer:

D. A conglomerate

Explanation:

A Conglomerate is a big corporation that is composed of a various combinations of business entities seemingly unrelated but under one corporate group. It is a big organization that has numerous products and services which vary extensively from one another. It is a big parent company comprising of many subsidiaries producing different products and offering different services. In this case, Red Empire is a conglomerate, the parent company having subsidiaries in petroleum, capital markets, chemicals, steel, beverages, hospitality, airlines, education, automobiles, and consumer electronics industries all with their various brand names.

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Crane Sales Company uses the retail inventory method to value its merchandise inventory. The following information is available
Marysya12 [62]

Answer:

C. $222,500 ÷ $313,500

Explanation:

Calculation for cost to retail ratio

COST

Beginning inventory $30,000

Add; Purchases $190,000

Add: Freight in $2,500

Cost $222,500

RETAIL

Beginning inventory $45,000

Add: Purchases $260,000

Add: Net mark ups $8,500

Retail $313,500

Therefore, the cost to retail ratio will be

$222,500 $313,500

5 0
3 years ago
"A property has been assessed at $40,000. The city tax rate is 10 mills, the county tax rate is 9 mills, and the school board le
melamori03 [73]

Answer:

Amount saved by the owner is $225.

Explanation:

given,

the property has been assessed = $40,000

the city tax rate = 10 mills = 0.001

country tax rate = 9 mills = 0.009

school board levy = 9 mills = 0.008

owner gets homestead tax exemption of = ?

Homestead tax exemption is used to same money from paying tax on their property every year.

homestead tax exemption given is  $25,000

Money saved by owner = $25,000 homestead exemption × county tax rate

                                       = $25000 × 0.009

                                       = $ 225

Amount saved by the owner is $225.

3 0
3 years ago
If i don't talk for awhile can i learn how to talk in a girl voice
Alex
What kind of absurd logic is that? 

oh, let me not talk for a few days maybe I might end up sounding like a girl. yeah, good luck with that mate.
6 0
4 years ago
Sarah, Sam and Sally are on the same work group; they work well with other people in the same team but don't get along with each
pashok25 [27]

Answer:

dyadic

Explanation:

As dyadic refers to the small group in which the individual communicates with each other with regard to family issues, pleasure, work, interest, etc. This improves interpersonal social interaction so that people get to know each other properly.

Since the three individuals are on the same working group in the case, they work with the same team, but they don't get along together, which depicts the dyadic conflict.

7 0
3 years ago
Which are indicators that economists use to measure how an economy grows? Select all that apply.
Nat2105 [25]

Explanation:

economists measure its performance by studying the gross domestic product (GDP)

If GDP goes up, the economy is growing; if it goes down, the economy is contracting.

5 0
3 years ago
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